Auction House London

Lot 16

Block of Apartments - Flats / Apartments 

2 Keats Place

Bounds Green, London, N11 2DU

Sold for £65,000.

A Freehold Ground Rent Investment and Potential Roof Space Development Opportunity (Subject to Obtaining all Relevant Consents). All Secured Upon a Detached Building of Eight Flats (All Sold-Off) Currently Producing £3,062 Per Annum

6 Week Completion Available

Description

The property comprises a detached purpose built block of eight self-contained flats arranged over ground and one upper floors.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Bluebell Wood are within easy reach. Transport links are provided by Bounds Green underground station (Piccadilly line) and Bowes Park rail station.

Column 1 Column 2 Column 3 Column 4
Property Floor Lease Annual Ground Rent
Flat 1 Ground 125 years from 1 January 2020 £485
Flat 2 Ground 125 years from 1 January 2020 £485
Flat 3 First 125 years from 1 January 2020 £250 and rising
Flat 4 First 125 years from 1 January 2020 £250 and rising
Flat 5 Ground 125 years from 1 January 2020 £490
Flat 6 Ground 125 years from 1 January 2020 £487 and rising
Flat 7 First 125 years from 1 January 2020 £365
Flat 8 First 125 years from 1 January 2020 £250 and rising

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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